Carbon Black Market Analysis (March 11)
01 Carbon Black Index
According to data from TuDuoDuo, the carbon black price index was 7810 on March 11th, remaining stable compared to the previous trading day.
02 Carbon Black Market Price
03 Analysis of Factors Affecting the Carbon Black Market
1. Upstream Raw Materials: Coal tar prices in Shandong, Shanxi, and Hebei regions were 4230 yuan/ton and 4250 yuan/ton respectively. The domestic high-temperature coal tar market remains largely in a wait-and-see mode, but positive market conditions persist, and prices are expected to continue rising.
2. Carbon Black Supply: The operating rates of sample carbon black enterprises are gradually increasing. Small and medium-sized enterprises that underwent maintenance shutdowns are gradually resuming production, and large factories have completed their maintenance shutdowns, leading to an increase in the market's operating rate.
3. Downstream Demand: It is understood that the production and supply of all-steel tires has remained relatively stable. Recently, raw material prices have continued to rise, pushing up costs. Some all-steel tire manufacturers have issued price increase notices of 2-5%, which has somewhat boosted shipments. Some all-steel tire manufacturers are experiencing shortages of certain specifications, and current inventory is gradually shifting downwards.
04. Market Outlook
As of now, the price of raw material coal tar remains supported by favorable factors. Industry players are paying close attention to the release of new order prices for raw material coal tar. New order prices in the carbon black market are rising, but downstream buyers are cautious and their willingness to accept high-priced goods has decreased. However, cost pressures are preventing shipments at lower prices, and the expectation for stable new order prices in the domestic carbon black market is evident.
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